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Share Price Information for Cloudcoco (CLCO)

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Share Price: 0.75
Bid: 0.70
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Movement in Share Price

2 Aug 2019 11:37

RNS Number : 7558H
adept4 plc
02 August 2019
 

Adept4 plc

 

("Adept4", the "Group" or the "Company")

 

Movement in Share Price

 

 

The Board of Adept4 notes the recent rise in the Company's share price and confirms that it is in discussions to make an acquisition. As previously announced, following a challenging period for Adept4, the Board has been considering the strategic options open to the Company and believes that the proposed acquisition represents the best opportunity to return the business to growth for the benefit of all stakeholders. Alongside and conditional on the acquisition, the Board is also in discussions to reduce its level of debt.

 

There can be no guarantee that the acquisition or the reduction in debt will complete. A further announcement will be made in due course. The acquisition, if completed, would not constitute a reverse takeover, but would be classified as a substantial transaction under Rule 12 of the AIM Rules for Companies.

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

For further information please contact:

 

Adept4 plc

Simon Duckworth, Non-Executive Chairman

01925 398 255

 

N+1 Singer (Nominated Adviser and Broker)

Shaun Dobson / Jen Boorer

 

 

020 7496 3000

 

MXC Capital Markets LLP

Charlotte Stranner

 

 

020 7965 8149

 

 

 

 

About Adept4

 

Adept4 delivers IT as a service to small and medium sized businesses across the UK. IT as a Service (ITaaS) provides you with exactly the amount of technology and support you need in accordance with business requirements, billed on a monthly basis, based on what is consumed.

 

Critically we underpin this delivery method with a 24 x 7 UK response team, strategic consulting, professional services and software development to provide exactly what organisations need from IT at any given time. Whether an infrastructure is based on legacy or emerging technologies we will ensure organisations have the flexibility, agility and cost efficiencies required to run their business effectively, all through a single trusted provider.

 

Adept4 is a public company quoted on the AIM market of the London Stock Exchange. The Company is headquartered in Warrington, with offices in Leeds and Aberdeen.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
28th Mar 20247:00 amRNSDelay in published Annual Accounts
29th Feb 20244:51 pmRNSNotice of Annual Results
7th Nov 20237:00 amRNSYear End Trading Update
29th Jun 20237:00 amRNSInterim Results
18th Apr 20237:00 amRNSOperational Update
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16th Mar 20234:47 pmRNSPosting of Annual Report and Notice of AGM
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27th Oct 20227:00 amRNSTrading Update
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22nd Aug 20227:00 amRNSGrant of Options and Concert Party Holdings Update
28th Jun 20227:00 amRNSInterim Results
31st Mar 20223:30 pmRNSResult of AGM
9th Mar 20223:16 pmRNSPosting of Annual Report and Notice of AGM
7th Mar 20227:00 amRNSFinal Results
1st Feb 20227:00 amRNSAppointment of Group Operations Director
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15th Nov 202111:05 amRNSSecond Price Monitoring Extn
15th Nov 202111:00 amRNSPrice Monitoring Extension
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20th Oct 20217:00 amRNSSale of IDE Group Connect and Nimoveri Limited
18th Oct 20217:00 amRNSTrading Update
30th Sep 20215:00 pmRNSTotal Voting Rights
24th Sep 20219:30 amRNSHolding(s) in Company
2nd Sep 202111:42 amRNSResult of GM, Director/other shareholdings and TVR
17th Aug 20217:00 amRNSAcquisition, Fundraising and Change of Adviser
9th Jun 20217:01 amRNSInterim Results
9th Jun 20217:00 amRNSBoard Changes
31st Mar 20214:12 pmRNSResult of AGM
9th Mar 20217:00 amRNSPosting of Annual Report and Notice of AGM
2nd Mar 20217:04 amRNSFinal Results
16th Feb 20217:00 amRNSNotice of Results and update on trading
8th Dec 20207:00 amRNSTrading Update
23rd Nov 20207:00 amRNSGrant of Options
10th Nov 20207:58 amRNSDirector/PDMR Shareholding
3rd Nov 20207:00 amRNSDirector/PDMR Shareholding
7th Sep 20209:30 amRNSLaunch of global remote access solution
3rd Sep 20205:20 pmRNSChange of Auditor
27th Aug 20208:45 amRNSDirector/PDMR Shareholding
11th Aug 202011:30 amRNSDirector/PDMR Shareholding
28th Jul 20204:41 pmRNSSecond Price Monitoring Extn
28th Jul 20204:35 pmRNSPrice Monitoring Extension
21st Jul 202011:34 amRNSDirector/PDMR Shareholding
8th Jul 20203:15 pmRNSDirector/PDMR Shareholding
3rd Jul 20207:00 amRNSDirector/PDMR Shareholding
30th Jun 20207:00 amRNSInterim Results

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